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20121229
20121229
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FOX News
Dec 29, 2012 11:00am PST
last two presidential elections that doesn't seem to be the case. are we living now in a new, progressive era? >> in terms of the presidency, i think we are, paul. i'm not sure about the country. barack obama i think is the center left or left wing president since the great depression and i think that what barack obama has in mind to do is indeed to redistribute income from the top downward, not to cut spending, but to increase spending, it's explicit from a 20% of gdp to 25% gdp and rather than cut spending raise taxes as necessary to support that spending and i would say that is in fact essentially the french model. and the question is whether it can support enough growth in the economy. >> paul: taxes are going up, we know that, spending, going up for sure even before the health care law kicks in. so, we are moving in that direction, particularly in the entitlement state. not reforming it, but actually expanding it. >> aen what happened this year was the supreme court helping this along, you have the justices essentially rewrite legislation changing the plain text that con
Search Results 0 to 0 of about 1